The Human Capitalist - August 2013 Issue

Featured Article

The Magic of Executive Mentoring
Mentors focus on the qualities of wisdom and judgment. By sharing what they have learned from experience, they provide perspective. They tell us the unspoken rules and point out the imaginary lines one should not cross. They help us explore the consequences of our decisions. Read More...

......................................................................................................................................

People on the Move

Ocean Spray appoints Global CMO. More...

Torque Capital Group's J-Pac names new CEO. More...

Chiquita elects Craig Huss to Board of Directors. More...

Yankee Candle names Chris Kelly General Manager of Canada. More...

Steritech appoints Clayton VP Operations - Canada. More...

The Estee Lauder names Michael O'Hare EVP, Global HR. More...

Seppic names new President, CEO. More...

Ray Silcock joined Diamond Foods as CFO. More...

Weight Watchers CEO resigns. More...

......................................................................................................................................

Industry News

Revlon to Acquire Colomer Group for $660M in Cash
Revlon Consumer Products Corporation acquires all of the stock of The Colomer Group, a privately-held beauty care company focused on the professional salon channel, for $660 million in cash. Read more...

Pfizer Adds More Clarity to Break-Up Plans
Pfizer is making it officialish: as of January, the company will be divided into three internal businesses, two "innovative" businesses and one "value business." Read more...

Spartan, Nash Finch to Merge
Spartan Stores and Nash Finch have agreed to merge in an all-stock transaction valued at $1.3 billion. Read more...

Hutchison Whampoa Confirms Plans to Sell Hong Kong Grocery Chain
Asia's richest man is seeking to sell his hometown supermarket chain for a price that could reach $4 billion as he steps up his global expansion. Read more...

Peltz Presses PepsiCo to Spin Off Beverages and Buy Mondelez
Nelson Peltz, who owns shares of PepsiCo and Mondelez International estimated at $2.7 billion, is urging PepsiCo to acquire Mondelez, saying, "the carbonated soft drink business is just not growing." Read more...

Private Equity Firms Come to Billabong's Rescue
Altamont Capital Partners and a Blackstone Group credit arm, GSO Capital Partners, will provide a $294 million bridge loan that will allow struggling Billabong to pay off its debt. Former Oakley CEO Scott Olivet will succeed Launa Inman as Billabong's CEO as part of the deal. Read more...

GTCR Enters Partnership with Fiorentino to Form Crealta Pharmaceuticals
Chicago-based private equity firm GTCR has teamed up with Ed Fiorentino to launch Crealta Pharmaceuticals. A former CEO of Actient Pharmaceuticals, Fiorentino will serve as chairman and CEO of Crealta. Read more...

Empire Sells Safeway Properties to Crombie REIT
Empire sells 68 Safeway properties in a sale-leaseback deal with Crombie REIT for $990 million in cash. Read more...

J&J to Sell Feminine Brands to Energizer
J&J is selling feminine product brands Stayfree, Carefree and o.b. to Energizer for $185 million. Read more...

Hudson's Bay To Acquire Saks
HBC will acquire the upscale retailer for $16.00 per share in an all-cash transaction valued at approximately US$2.9 billion, including debt. Read more...

Post to Buy Protein-Drink Maker
Cereal maker Post Holdings Inc. agreed to acquire Premier Nutrition Corp., a distributor of protein drinks and nutritional supplements, for about $180 million. Read more...

Accenture in Talks to Buy Booz & Co.
It isn't clear whether there are other potential buyers for Booz, or whether the two companies will reach a deal. Read more...

..................................................................................................................................................................................

Featured Searches

Job Title Company/Industry Job Location Managing Director/Partner Consumer Goods Private Equity North America Operating Partners Consumer Goods & Services Private Equity North America President-Brand Standards Division (Food Safety) $100M Restaurant/Hospitality Professional Services North Carolina - US VP/Global Head Package Development/Industrial Design $3B Global FMCG New Jersey - US Director of Marketing (Innovation) $200M Consumer Durables Manufacturer Colorado - US Sr. Director Manufacturing/Plant Manager $1B+ Food Manufacturer California - US Global Purchasing Director (Indirect) $1.5B Personal Care Products New York - US Hiring? Visit our Client Gateway to put your opportunity in front of the top executives   Click here to access our Search Management System Boutique professional services with best in class global network, contacts and market mastery.

This Human Capitalist was created by Wisdom Publishing, Inc., a Hunt Group Company

Lead Editor:  J.B. Hunt